Outgoing CEO Lowell McAdam said Oath is on schedule with its planned integration.

Verizon is standing behind Oath.

On its second quarter earnings call it issued its most explicit repudiation to date of rumors that it may spin the digital media unit business out of Verizon.

“The questions around Oath, I don’t know where they are coming from,” outgoing CEO Lowell McAdam said. “There is no intention of spinning out Oath.”

That comment seemed to be a response to recent reports questioning Oath’s longevity with Verizon.

Advertisers told Business Insider in June that they have started to doubt whether Oath will eventually be a digital ad powerhouse that can compete with Facebook and Google. The sluggishness in Oath’s integration and its ability to quickly compete against the duopoly is worrying to advertisers.

Tuesday morning, McAdam said that Oath wasn’t going anywhere, and that the company is happy with its integration so far.

“We see the synergies that we expected to see, and we see the future that we had hoped for,” McAdam said. “[CFO Matt Ellis] talked about in his remarks the integration efforts that are going on. They are on schedule.”

Sources had previously told Business Insider that go90 had been getting the majority of the recent content investment, but that that could change with go90 gone.

The company announced a big charge related to go90’s closure on Tuesday noting “a pre-tax charge for product realignment of $658 million, mainly related to the discontinuation of Verizon’s go90 platform and associated content, severance charges of $339 million, and acquisition and integration-related charges of $120 million, primarily pertaining to Oath.”

Verizon beat profit estimates on Tuesday, with net income of $4.12 billion, or $1 per share.